NZX Operating Metrics - April 2007

Key Facts

The NZX 50 Index ended the month on 4,195, an 11% increase since April 2006 and a 3% increase since the beginning of 2007.

Trading

• Total number of trades was 44,443, a 5% increase on April 2006. Average number of daily trades was 2,469 for April, a 1% decrease on April 2006.
• Total value traded in April was $2.2 billion, a 4% decrease on April 2006. Average daily value traded of $123 million, a 9% decrease on April 2006.
• Total number of trades for the NZSX was 41,621 for the month, a 5% increase on April 2006. Total value traded on the NZSX was $2.1 billion for the month, a 3% decrease on April 2006.
• Total number of trades for the NZAX was 421 for the month. Total value traded on the NZAX was $3 million.
• Total number of trades for the NZDX was 2,401 for the month. Total value traded on the NZDX was $122 million.

Capital Raised

• New equity raised in April was $210 million and new debt raised was $345 million. Total capital raised in April was $555 million, an 106% increase on the same period in 2006.

Graph 1. Total capital raised year to date, as at the end of April, is 1.627 billion. This is an 15% increase on the same period in 2006.

Other

• The total number of instalment warrants trades for April was 678, a 35% increase on April 2006. Total value traded for instalment warrants for April was $6.7 million.
• Smartshares funds under management (FUM) is $369 million across its five ETFs, an 65% increase on April 2006. Smartshares has a total of 14,722 unitholders, a 39% increase on April 2006.
• Link currently serves a total of 129 Issuers, 78 of which are NZX Listed.

Market Month - Highlights

Geoff Brown - NZX Markets Development Manager

• Strong index performance, with the NZX 50 Portfolio index up 11% on the same time last year.
• Increase in debt trading, assisted by three debt security listings in April: Rural Portfolio Capital Limited, Fidelity Capital Guaranteed Bond Limited and Works Infrastructure Finance (NZ) Limited.
• Total capital raised year to date is very strong at $1.627 billion. New equity raised year to date is $832 million and new debt raised is $795 million. Total capital raised in April was $555 million, this is an 106% increase on the same period in 2006.

For a full version of the NZX operating metrics, see the NZX website: http://www.nzx.com/aboutus/investor/metrics